That would put the collateral value of the Treasury’s gold reserves at roughly $750 billion, up from about $11 billion, according to Wrightson ICAP.

according to Wrightson ICAP. Treasury is allowed to pledge its holdings of physical gold to the Fed in exchange for cash. The proposal, which was also floated in 2023, centers around the idea that ...

That would put the collateral value of the Treasury’s gold reserves at roughly $750 billion, up from about $11 billion, according to Wrightson ICAP. While the idea reportedly isn’t under ...